We are proud to present 1424 Coronado Avenue, a charming bungalow-style investment opportunity located in the heart of Long Beach. This property features single-story living across all units, each offering a desirable 1-bedroom, 1-bath layout. All units are in very good condition, providing investors with low maintenance and strong tenant appeal. The property includes four garage spaces that were built within the last five years, adding value and functionality. With a current 5.91% CAP rate and the potential to reach a 7.69% market CAP, along with an 11.43 GRM and market potential of 9.26, this asset offers both immediate stability and future upside.
For sale
Listing Provided by:
Stephen Takahashi DRE #01944770 310-403-9145,
Lyon Stahl Investment Real Estate, Inc.,
John Stiegler II DRE #01981597,
Lyon Stahl Investment Real Estate, Inc.
$1,250,000
1424 Coronado Ave, Long Beach, CA 90804
6beds
6baths
2,592sqft
Est.:
Multi Family
Built in 1923
-- sqft lot
$1,255,500 Zestimate®
$482/sqft
$-- HOA
What's special
Single-story livingFour garage spacesStrong tenant appealVery good conditionLow maintenance
- 17 days
- on Zillow |
- 358 |
- 14 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: 20 hours ago
Listing Provided by:
Stephen Takahashi DRE #01944770 310-403-9145,
Lyon Stahl Investment Real Estate, Inc.,
John Stiegler II DRE #01981597,
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB25166153
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,592
- Total interior livable area: 2,592 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 5
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
Lot
- Size: 6,880 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 7259007023
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks, Urban
Location
- Region: Long Beach
Financial & listing details
- Price per square foot: $482/sqft
- Tax assessed value: $1,531,101
- Annual tax amount: $20,163
- Date on market: 7/25/2025
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
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